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News / Asia-Europe spot rates still under pressure as slack season looms

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© Woraphon Banchobdi
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The Shanghai Containerized Freight Index (SCFI) slumped a further 5% this week to a composite rate of $735.91 per teu as spot rates surprisingly came under pressure ahead of the Chinese Golden Week holiday.

The SCFI has been in steady decline in past weeks, falling some 16% ...

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